Non-energy charges set to rise due to falling energy demand: Because of the government-imposed lockdown energy demand for power has fallen dramatically, declining by 0.10TWh against March 2019. Research from Cornwall Insight predicts that if this 0.10TWh decline were maintained across the originally announced three-week lockdown, the aggregate impact of this daily decline across this…

Smart Export Guarantee tariffs vs market values. On 1 January 2020, the Smart Export Guarantee (SEG) came into effect. The SEG mandates that electricity suppliers with over 150,000 customers offer at least one tariff for power exported to the grid from renewable generators smaller than 5MW. Obligated suppliers are required to provide tariffs with rates…

Astonishingly, UK solar capacity in the UK has increased from 5,488.6 MW in 2014 to 13,259 MW in June 2019. On top of that, the UK’s maximum net generating solar capacity was 13.1 GW in 2018, which placed it at the 3rd position among the other EU member states. Moreover, since the launch of the Feed-in…